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To: PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
*Ping!*
2 posted on 01/20/2009 9:30:43 PM PST by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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The Money, Banking, and Financial Markets Ping List.

"Money, not morality, is the principle commerce of civilized nations."
—Thomas Jefferson

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Ping list jointly pinged by rabscuttle385 and TigerLikesRooster.

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3 posted on 01/20/2009 9:31:17 PM PST by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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To: rabscuttle385; PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; ...
I can't help but wonder how much of this balance sheet crisis could be avoided by changing the mark to market to a more accurate mark to model accounting of the mbs’s. The only reason to not make that change is there is something else these financial institutions have put money into that can't be fixed derivatives?
40 posted on 01/21/2009 7:17:47 AM PST by wmfights (If you want change support SenateConservatives.com)
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